Set up a 3Commas Bot with UCTS Indicator

This is a simple guide on how to set up and configure a 3Commas crypto trading bot with the UCTS indicator signals

Requirements:

How to configure the bot?

  1. Create a new bot in 3Commas
Go to 3commas → DCA Bots → Advanced

2. Configure your Bot settings

In this tab you will need to configure your bot settings, options are endless and 3commas FAQ may help to understand each setting.

Important!

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Since you want your bot to use TradingView Signals coming from the UCTS, make sure to select “Trading View Custom Signals” as Deal start condition!!

Here is a screenshot of a quick 1D BTC/USDT bot that will buy and sell on each signal (No SL/ No TP / 100% equity of your Binance account)

Remember to have USDT in your account prior activating your bot!

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With this settings, your Binance account will switch from USDT to BTC on Longs and stay flat (USDT) on shorts.

Earning USD to the upside and BTC to the downside.

3. Configure your alerts in TradingView

Once your bot in 3commas is generated, you will need to set up your alerts in TradingView that will trigger the trades on the platform.

Go to DCA Bots → My bots
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Once in “My Bots” tab, click the “view” icon next to your new bot
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Scroll down and find the custom texts for TradingView alerts. Save “Deal Start Signal” & “Close order at Market Price” message

Now on Tradingview:

Buy Signal:

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Go to the BTC/USDT 1D chart in Binance and set a Buy Alert with the UCTS Indicator as the picture shows. Message text should be “Deal Start Signal” from 3Commas website

Sell Signal:

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Go to the BTC/USDT 1D chart in Binance and set a Sell Alert with the UCTS Indicator as the picture shows. Message text should be “Close order at Market Price” from 3Commas website

Configure Webhook field in TradingView:

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URL to use: https://3commas.io/trade_signal/trading_view

Tradingbot with MARGIN/Futures:

You will need PRO subscription in 3commas for Margin trading.

If you are willing to use leverage for your trading (i.e Bitmex, Binance Futures) configuration is similar but you need to tweak the messages on Tradingview to:

⦁ Sell signals — First Closes longs and Open shorts on Sell signals.

⦁ Buy signals — First Closes Shorts and Open Longs on Buy signals.

This means no manual intervention is required and it essentially means you are always in a trade catching all the signal swings.

Each message in tradingview alerts should look like this, where 1st instruction is to close (long or short) and next (after 10 seconds delay) open the opposite trade.

[{
“message_type”: “bot”,
“bot_id”: 12345,
“email_token”: “Your Token”,
“delay_seconds”: 0,
“action”: “close_at_market_price”
}
,
{
“message_type”: “bot”,
“bot_id”: 12345,
“email_token”: “Your Token”,
“delay_seconds”: 10
}]

Information about this can be found in this link:
https://help.3commas.io/en/articles/3635517-reverse-your-position-with-trading-view-custom-signals

Here is a screenshots under that settings for the LONG bot:

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Screenshot for the long bot as example:
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You can see from the screen I am using 95% of my balance at 10x leverage

and That’s it! =)…

Once the first Buy signal pops in Tradingview, 3commas bot should execute the order and you should see under DCA Bots → My deals something like this:

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Profitability with this strategy has turned quite good over 2020:

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Other USDT pairs time frames results

Adding some UCTS performance report that we have built for BTC / ETH pairs: LINK

if you have any questions or need assistance in order to setup the bot, contact me through Discord (https://discord.gg/8wP4XuJ) or Twitter @cryptontez

Thank you and Happy trading!

Written by

Bitcoin guardian and Pine Script enthusiast. Main developer of the Excel Trading Bot for Crypto. Check my trading scripts here: cryptontez.com

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